Rootoshi
-
bob wrote a new post
10 months, 4 weeks agoRadiant Capital Halts DeFi Lending on Arbitrum After $4.5 Million ETH Exploit
Radiant Capital, a decentralized finance (DeFi) lending protocol, has temporarily halted its operations on the Ethereum layer2 network Arbitrum after suffering an exploit that resulted in the loss of 1,900 ETH,…
-
bob wrote a new post
10 months, 4 weeks agoBinance's Market Share Plummets Amid Regulatory Woes
Binance, one of the largest cryptocurrency exchanges, experienced a significant decline in market share last year, dropping to 44.5%. This decline followed a three-year period of growth, where Binance’s market s…
-
bob wrote a new post
10 months, 4 weeks agoBitcoin Surges to $45K on New Year's Day, Ethereum and Dogecoin Follow Suit as US Office Buildings Face $117B Debt Crisis
Bitcoin, Ethereum, and Dogecoin experienced significant price increases on the first day of 2024. Bitcoin crossed the $45,000 mark, while Ethereum and Dogecoin also saw spikes in their values. This surge in…
-
bob wrote a new post
10 months, 4 weeks agoGrayscale's Amended Bitcoin ETF Application Raises Questions with Omitted Authorized Participants
Cryptocurrency asset manager Grayscale has filed an amended Bitcoin exchange-traded fund (ETF) application without listing authorized participant details. This move has raised questions and speculation among…
-
bob wrote a new post
10 months, 4 weeks agoBitcoin ETF Approval Speculations Drive Surge in Bitcoin Price
The US Securities and Exchange Commission (SEC) is speculated to approve a spot Bitcoin ETF, causing a surge in the digital asset market. Bitcoin experienced a 6% increase on the second day of 2024, surpassing…
-
bob wrote a new post
10 months, 4 weeks agoOrbit Chain Hack Linked to North Korea: Expert Estimates $81M Loss
Orbit Chain, a cryptocurrency platform, has confirmed that it was hacked, resulting in an estimated loss of $81 million. The attack is believed to be linked to North Korea, according to one expert.The hack was…
-
bob wrote a new post
10 months, 4 weeks agoTellor (TRB) Price Surges 150% and Plummets in 13 Hours, Causing $68 Million in Liquidations
A relatively unknown altcoin called Tellor (TRB) experienced a significant surge in price, reaching an all-time high of $619 before quickly dropping back down to $136 within a span of 13 hours on December 31st.…
-
bob wrote a new post
10 months, 4 weeks agoCrypto Hack on Orbit Chain's Cross-Chain Bridge Leads to Nearly $100 Million in Stolen Funds
The recent attack on Orbit Chain’s cross-chain bridge has resulted in nearly $100 million worth of cryptocurrency being stolen in December, making it the fifth-highest month for hacks in 2023. The exploit t…
-
bob wrote a new post
10 months, 4 weeks agoSEC Sets Deadline for Crypto Firms' ETF Applications
The Securities and Exchange Commission (SEC) is taking action on the numerous applications for Bitcoin exchange-traded funds (ETFs) that have been submitted. Crypto firms have been given a deadline to make any…
-
bob wrote a new post
11 months agoDencun EIPs Revolutionize Ethereum with Groundbreaking Improvements
A new mechanism for handling temporary or transient storage during smart contract execution is being proposed as part of Dencun. This proposal, known as EIP-1153, aims to introduce an opcode that would allow smart…
-
bob wrote a new post
11 months agoXRP Lawyer Highlights Key Difference Between Terra Ruling and Ongoing Ripple Case
The XRP community is closely watching the ongoing legal case between Ripple and the SEC, especially after a recent ruling that declared Terra Luna as a security. XRP lawyer John Deaton has provided some insights…
-
bob wrote a new post
11 months agoFTX Files $157.3 Million Lawsuit Against Former Salameda Employees for Fraudulent Withdrawals
In a high-stakes legal battle, bankrupt cryptocurrency exchange FTX has filed a lawsuit against four former employees of its Hong Kong-based affiliate, Salameda. The lawsuit alleges that these individuals exploited…
-
bob wrote a new post
11 months agoCrypto Industry Prepares for Potential Bull Run in 2024
In 2023, the cryptocurrency industry experienced a mix of challenges and opportunities. Regulatory crackdowns and financial collapses shook the market, while new trends emerged.Several major banks, including…
-
bob wrote a new post
11 months agoAI Chatbot Explains How Bitcoin Could Reach $100,000 in 2024
Artificial intelligence (AI) could potentially play a role in Bitcoin’s price reaching $100,000 in 2024, according to GPT-4, the latest version of AI chatbot ChatGPT. While this remains highly speculative, the AI c…
-
bob wrote a new post
11 months agoRegulator Criticized for Ineffectiveness in Crypto Regulation
Dogecoin co-founder Billy Markus has criticized SEC Chairman Gary Gensler for his perceived ineffectiveness in regulating the cryptocurrency industry. Markus accuses Gensler of being “useless in every aspect” and…
-
bob wrote a new post
11 months agoHackers Steal $82 Million from Orbit Chain's Bridging Service
Hackers have reportedly exploited Orbit Bridge, the bridging service of the cross-chain protocol Orbit Chain, for a total of $82 million, just three hours before the new year. The exploit was brought to attention…
-
bob wrote a new post
11 months agoSilence Surrounding SBF Trial Raises Questions for Elizabeth Warren and Key Figures
There are questions surrounding the trial of Sam Bankman-Fried (SBF) and the silence from certain key figures, particularly Senator Elizabeth Warren. John E. Deaton, attorney for XRP holders, has raised…
-
bob wrote a new post
11 months agoIndian Crypto Investors Seek Alternative Exchanges Amid Government's Ban Notice
BYDFi, formerly known as BitYard, is a leading global social trading platform that aims to revolutionize the cryptocurrency trading experience. With a strong user base of over 500,000 individuals spanning across…
-
bob wrote a new post
11 months agoRippleX Launches #builtonXRPL Meme Contest, Achieves Record High Daily Transactions in 2023
2023 has been a significant year for Ripple and its XRP Ledger, marked by community engagement initiatives and technological advancements. RippleX, the developer platform for the XRP Ledger, launched the…
-
bob wrote a new post
11 months agoGoldman Sachs Executive Foresees Institutional Adoption of Spot Crypto ETFs
The approval of spot Bitcoin and Ethereum exchange-traded funds (ETFs) is expected to have a significant impact on the institutional adoption of digital assets. Mathew McDermott, the global head of digital assets…
